Comments on: Allstate Mortgage Loan Modification

By: pual Sim

pual Sim — Fri, 16 Apr 2010 12:14:37 +0000

Good point, Its very useful!…………….I personally know two couples that had their houses foreclosed, but the bank let them live their rent free for nearly a year because they could not sell them.

By: Janina Delavina

Janina Delavina — Mon, 08 Feb 2010 12:23:50 +0000

Thank you for the information. I have been trying to avoid foreclosure and this helps me put things in perspective

By: kanishk

kanishk — Tue, 12 Jan 2010 11:50:45 +0000

I agree with this point Do not put your financial future exclusively in the hands of the lender that may have put you in a bad loan to begin with.

By: Bea

Bea — Mon, 04 Jan 2010 10:57:12 +0000

The often overlooked tool in the modification process is the loan audit. This is a method whereby auditors review the entire loan, from original application to final funding, checking for potential errors. Errors made by banks often translate into more leverage for homeowners in negotiations.